Sprouts Farmers Market (NASDAQ:SFM) Reaches New 52-Week Low – Should You Sell?

Sprouts Farmers Market, Inc. (NASDAQ:SFM – Get Free Report)’s share price hit a new 52-week low during mid-day trading on Friday. The stock traded as low as $63.36 and last traded at $63.4980, with a volume of 166871 shares traded. The stock had previously closed at $65.42.

Analyst Upgrades and Downgrades

A number of research analysts have commented on the stock. Royal Bank Of Canada restated an “outperform” rating and issued a $114.00 price objective on shares of Sprouts Farmers Market in a research note on Monday, June 1st. Evercore reiterated an “outperform” rating and set a $95.00 target price on shares of Sprouts Farmers Market in a research note on Tuesday, September 1st. UBS Group reissued a “neutral” rating on shares of Sprouts Farmers Market in a report on Wednesday. JPMorgan Chase & Co. upgraded Sprouts Farmers Market from a “neutral” rating to an “overweight” rating and boosted their price target for the company from $80.00 to $103.00 in a research report on Thursday, July 30th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a $84.00 price objective on shares of Sprouts Farmers Market in a research note on Thursday, July 30th. Seven research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $92.25.

Check Out Our Latest Stock Report on Sprouts Farmers Market

Sprouts Farmers Market Stock Down 1.7%

The company has a market capitalization of $6.00 billion, a price-to-earnings ratio of 12.30, a PEG ratio of 1.70 and a beta of 0.67. The company has a current ratio of 0.99, a quick ratio of 0.43 and a debt-to-equity ratio of 0.07. The firm’s 50 day simple moving average is $78.71 and its 200-day simple moving average is $79.97.

Sprouts Farmers Market (NASDAQ:SFM – Get Free Report) last released its earnings results on Wednesday, July 29th. The company reported $1.37 EPS for the quarter, topping the consensus estimate of $1.35 by $0.02. Sprouts Farmers Market had a net margin of 5.58% and a return on equity of 34.84%. The company had revenue of $2.33 billion during the quarter, compared to analysts’ expectations of $2.32 billion. During the same quarter last year, the business earned $1.35 EPS. The business’s revenue was up 4.7% on a year-over-year basis. Sprouts Farmers Market has set its Q3 2026 guidance at 1.200-1.240 EPS and its FY 2026 guidance at 5.320-5.400 EPS. On average, sell-side analysts anticipate that Sprouts Farmers Market, Inc. will post 5.55 EPS for the current fiscal year.

Insider Buying and Selling

In other news, Director Joseph D. O’leary sold 2,597 shares of the firm’s stock in a transaction that occurred on Friday, August 14th. The stock was sold at an average price of $82.57, for a total value of $214,434.29. Following the completion of the sale, the director directly owned 14,710 shares of the company’s stock, valued at $1,214,604.70. This trade represents a 15.01% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Jack Sinclair sold 10,788 shares of the firm’s stock in a transaction that occurred on Tuesday, September 1st. The shares were sold at an average price of $82.66, for a total value of $891,736.08. Following the completion of the sale, the chief executive officer directly owned 269,980 shares of the company’s stock, valued at $22,316,546.80. This represents a 3.84% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 35,253 shares of company stock worth $2,981,611 in the last ninety days. 1.30% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Annis Gardner Whiting Capital Advisors LLC purchased a new stake in shares of Sprouts Farmers Market during the 1st quarter worth $25,000. Bell Investment Advisors Inc acquired a new position in shares of Sprouts Farmers Market during the 2nd quarter worth $29,000. Ameritas Advisory Services LLC purchased a new position in shares of Sprouts Farmers Market in the 2nd quarter valued at about $29,000. Clearstead Advisors LLC increased its holdings in shares of Sprouts Farmers Market by 72.7% in the 4th quarter. Clearstead Advisors LLC now owns 380 shares of the company’s stock valued at $30,000 after purchasing an additional 160 shares in the last quarter. Finally, Geneos Wealth Management Inc. purchased a new position in shares of Sprouts Farmers Market in the 1st quarter valued at about $31,000.

About Sprouts Farmers Market

(Get Free Report)

Sprouts Farmers Market, Inc operates a specialty grocery chain focused on fresh, natural and organic foods. Its stores offer produce, meat and seafood, dairy and refrigerated products, bakery items, prepared foods, bulk goods, vitamins and supplements, and other better-for-you grocery products. The company also provides private-label merchandise and products designed to meet a range of dietary preferences, including plant-based and gluten-free options.

Sprouts was founded in 2002, with its first store opening in Chandler, Arizona.

Further Reading

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